Oil extends gains into third session amid Middle East tensions

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Oil extends gains into third session amid Middle East tensions
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Oil prices edged up on Thursday to extend gains into a third straight session, a...

FILE PHOTO: Pump jacks operate at sunset in an oilfield in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo

Brent crude futures were at $72.04 a barrel at 0110 GMT, up 27 cents, or 0.4%, from their last close. Brent closed up 0.7% on Wednesday. Analysts said oil was drawing support from heightened tensions in the Middle East, with helicopters carrying U.S. staff from the American embassy in Baghdad on Wednesday out of apparent concern about perceived threats from Iran.

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